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Clear-Span Retail Space
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2118 N Milwaukee Avenue, Chicago, IL 60647

Commercial Lease, Chicago, IL

Space Size2,125 SF - 4,250 SF
Lot Size0.11 Acres
Days on Market553

Property Features for 2118 N Milwaukee Avenue

General Information

Property type Commercial Lease
Property subtype Retail
Zoning COMMR
Directions Western Ave to Milwaukee Ave north to 2118 N. Milwaukee Ave
Subdivision CHI - Logan Square
Standard status Active
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 17470

Utilities

Cooling system Central Air

Building Details

Year built 1990
Floors in Building 1
Number of units 2
Listing Agency: Chicago Real Estate Resources
Listed By: Michael Weaver · License #IL 471015806
Added: Feb 28, 2025 Changed: Aug 19 Last Checked: Sep 4 at 3:06AM
MLS# 12300641

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 4,250-square-foot retail space offers a clear-span interior without posts or columns, creating flexibility for merchandising, service, office, or other commercial layouts. The premises can also be divided into two 2,125-square-foot sections. Central air is in place, and the building was constructed in 1990.

Five rear parking spaces serve the property. The site is across from the Congress Theater, which received TIF funds for a 2025 renovation, and faces a large parcel identified as the future home of Trader Joe’s. The property is located on North Milwaukee Avenue in Chicago.

Key Highlights

  • 4,250 square feet of clear‑span space with no posts or columns
  • Can be divided into 2,125‑square‑foot sections
  • Rear parking for 5 cars

Property Analytics

Current Use

Stayyy.com Animal Training

Suggested Use

Top Pick Nursing Home Fish Market Butcher Clothing & Fashion Store Carpet & Flooring Store Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,718
Businesses Nearby
171k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 52% Dining 44% Home Improvements & Furnishings 2% Beauty & Spa 1%
McDonald's Dining
43,397 visits/mo 0.3 miles
Dollar Tree Shops & Services
21,431 visits/mo 0.3 miles
Chase Bank Shops & Services
16,483 visits/mo 0.2 miles
PNC Bank Shops & Services
10,614 visits/mo 0.3 miles
Wendy's Dining
10,230 visits/mo 0.3 miles

Demographics for 60647, IL

85,631
Population
41,975
Households
2
Avg Household Size
33
Median Age
61%
College-Educated
92%
High-School Grad
4.0 sq mi
ZIP Area
21,408
Density / Sq Mi
$102,851
Median Household Income
$65,776
Median Earnings
$1,714
Median Rent
$557,300
Median Home Value

Market

Lease Benchmarks for Chicago, IL

$27.62 /SF/Yr
Avg Asking Price
$8–$133 /SF/Yr
Price Range
9,516 SF
Avg Space Size

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Flexible commercial space with rear parking, central air, and a layout that can accommodate separate occupancy.
Where is this retail space located?
The property is located at 2118 N Milwaukee Avenue Chicago, IL.
What are key features of this property?
This property features: 4,250 square feet of clear‑span space with no posts or columns; Can be divided into 2,125‑square‑foot sections; Rear parking for 5 cars
More about this property
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